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Dogecoin News
Bitcoinist
3w
233
Image Credit: Bitcoinist
Thinking Of Selling Dogecoin? Analyst Says These Fibonacci Levels Are Important
- A crypto analyst has outlined his sell-off strategy for Dogecoin based on Fibonacci levels.
- If Dogecoin rises to the 0.702 or 0.786 Fibonacci levels and fails to break above, the analyst would sell the majority of his holdings.
- The analyst predicts that if Dogecoin breaks through the resistance at the 0.702 Fib level, it could regain bullish momentum and aim for higher Fibonacci levels.
- However, the loss of the Golden Pocket around the 0.618-0.65 Fib levels weakens Dogecoin's bullish outlook, according to the analyst.
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TheNewsCrypto
3w
207
Image Credit: TheNewsCrypto
Dogecoin May Enter Powerful Wave (3) Expansion Amid Elliott Wave Signals
- Dogecoin (DOGE) is poised to enter a powerful Wave (3) expansion according to an analyst using Elliott Wave Theory.
- Independent analysis suggests a mid-channel target of $2.74 and a strong support level at $0.16 for DOGE.
- DOGE experienced a short-term decline, dropping from above $0.21 to below $0.191 but has gained 8.0% over the past 7 days.
- Long-term projection indicates DOGE could potentially reach $3.37 or even as high as $8.5.
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12 Likes
Newsbtc
3w
376
Dogecoin Must Hold This Support Or Risk Crashing To $0.015, Analyst Warns
- Dogecoin (DOGE) faces a critical juncture on its long-term price chart.
- DOGE is trading within an ascending parallel channel that has guided its price action since 2014.
- A break below the $0.19 support level could lead to a crash toward $0.015, according to analyst Ali Martinez.
- Preserving the support zone at $0.16–$0.19 is crucial for DOGE's bullish outlook.
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22 Likes
Bitcoinist
3w
132
Image Credit: Bitcoinist
Dogecoin Wallets Just Hit A New All-Time High, But Why Is Price Struggling?
- The total number of Dogecoin wallets has hit a new all-time high of 83.48 million, indicating increased usage of the network.
- Despite the increase in wallets, Dogecoin price is struggling, currently below the $0.20 price level.
- External factors like the ongoing trade war and the US Federal Reserve's stance have negatively impacted Dogecoin's price.
- Analysts have conflicting views on the future price of Dogecoin, with some suggesting a potential drop to $0.15 and others hinting at a potential rally towards $2.8.
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7 Likes
Bitcoinist
3w
269
Image Credit: Bitcoinist
Dogecoin Payments On X: Cardano Founder Offers Elon Musk Bitcoin Roadmap For Implementation
- Cardano Founder Charles Hoskinson hints at possibility of Dogecoin payment option on X, offering Elon Musk his Bitcoin roadmap for implementation.
- Hoskinson sees potential for DOGE to become a standard currency on X and proposes integrating Dogecoin payments into the platform.
- Musk has shown interest in DOGE and previously hinted at digital asset payments on X, leading to speculation about the meme coin being a contender for payment option.
- Hoskinson's proposal faces criticism from some community members who question the choice of Dogecoin over Cardano for X's payment infrastructure.
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16 Likes
TheNewsCrypto
3w
251
Image Credit: TheNewsCrypto
Will Dogecoin (DOGE) Struggle to Recover After a Steep 8% Drop?
- Dogecoin (DOGE) has dropped 8% to $0.1981 with $12.60 million in liquidations.
- Bitcoin and Ethereum faced a decline, while DOGE lost over 8% in the last 24 hours.
- DOGE's trading pattern shows a mix of bullish and bearish signals, with potential support at $0.1890 and resistance at $0.2586.
- Technical indicators suggest a strong bearish sentiment, but DOGE's trading volume has surged by 41.21%.
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15 Likes
Newsbtc
3w
389
Sell All Your Dogecoin If This Happens, Says Crypto Analyst
- Crypto analyst Charting Guy (@ChartingGuy) warns of selling Dogecoin if certain Fibonacci retracement levels aren't broken in the coming months.
- Key Fibonacci retracements for Dogecoin range from $0.1397 to $0.76.
- Charting Guy plans to sell majority or all of his Dogecoin if it fails to break the 0.702 or 0.786 Fibonacci levels.
- The shift in sentiment comes as DOGE trades around $0.20 and follows a previous bullish outlook by Charting Guy.
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23 Likes
Cryptonews
4w
88
Robinhood Will Hand Out $2 Million in Bitcoin, Dogecoin in Trivia Game From ‘HQ’ Host
- Robinhood will host a trivia game in its mobile application, offering over $2 million in Bitcoin and Dogecoin prizes.
- The contest will consist of 12 multiple-choice trivia questions related to finance, economics, and cryptocurrency.
- Users who answer all questions correctly will split the $1 million in Bitcoin prize for each day's pool.
- The game will be hosted by Scott Rogowsky, the comedian behind HQ Trivia, and is available exclusively to Robinhood Gold subscribers.
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5 Likes
Newsbtc
4w
385
Buy Dogecoin Now? Analyst Says This Is the Spot
- Crypto analyst Kevin sees a potential accumulation window for Dogecoin based on technical indicators and macroeconomic shifts.
- The low RSI level and critical trend line suggest a possible oversold state, making it a good spot to accumulate Dogecoin.
- The potential bullish reversal of the 3-day MACD indicator, the likelihood of a Dogecoin ETF, and the expected launch of X Payments further support the idea of buying Dogecoin now.
- President Donald Trump's pro-crypto stance and favorable regulatory environment for the industry add to the optimism around accumulating Dogecoin.
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23 Likes
Bitcoinist
4w
4
Image Credit: Bitcoinist
Dogecoin Flashes Buy Signal, But A Breakout Above This Level Will Confirm Wave 4
- Dogecoin has flashed a buy signal, indicating a potential price rebound.
- The rebound could confirm the end of the wave 4 corrective move for DOGE.
- A price rally to above $0.8 would put DOGE at a new all-time high.
- Dogecoin whales have been accumulating more DOGE ahead of the projected bullish reversal.
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NullTX
4w
332
Image Credit: NullTX
Bitwise Files for Spot Dogecoin ETF: A Major Step Toward Direct Exposure to Memecoin Markets
- Bitwise has filed for a spot Dogecoin ETF, aiming to offer direct exposure to Dogecoin for traditional investors.
- If approved, the ETF would allow investors to invest in DOGE without using riskier instruments like futures contracts.
- The ETF could change the perception of Dogecoin as an investment-grade asset in the financial market.
- Bitwise's filing signifies its leadership in the memecoin ETF world, with a high chance of approval this year.
- The ETF provides a direct route for investors to access Dogecoin without owning it directly.
- Bitwise's collaboration with Coinbase and BNY Mellon ensures operational integrity and security for the ETF.
- This approach distinguishes the Bitwise Dogecoin ETF by holding the actual cryptocurrency instead of derivatives.
- The rise of memecoin ETFs, like Bitwise's Dogecoin ETF filing, reflects evolving acceptance of these assets in traditional finance.
- Approval of a Dogecoin ETF would further legitimize cryptocurrencies and set a precedent for other memecoin-related assets.
- Bitwise's initiative marks a significant step in mainstream adoption of memecoins and crypto financial products.
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20 Likes
Bitcoinist
4w
297
Image Credit: Bitcoinist
Dogecoin ETF Inches Closer To Reality As NYSE Arca Files For SEC Approval
- NYSE Arca has filed a 19b-4 request with the SEC to list and trade the Bitwise Dogecoin ETF.
- If approved, it would become one of the first US-listed Dogecoin-focused exchange-traded funds.
- Bitwise's proposal includes institutional infrastructure, with Coinbase Custody as the custodian for DOGE holdings and BNY Mellon overseeing cash custody.
- The SEC is also reviewing similar Dogecoin ETF proposals, with predictions indicating a high chance of approval in 2025.
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17 Likes
Bitcoinist
4w
394
Image Credit: Bitcoinist
Dogecoin Price Stages Bounce From Lower Border Of Second Falling Wedge, New Targets Unlocked?
- The Dogecoin price is currently bouncing off the lower border of a Falling Wedge pattern, signaling the potential for a strong upward momentum.
- If Dogecoin can break above the boundary of the Falling Wedge pattern, it could reach several new bullish targets such as $0.23, $0.287, $0.340, and a long-term target of $0.445.
- Dogecoin has experienced a recent decline, but buyers stepped in near the $0.16896 support level, suggesting a potential bullish reversal.
- Dogecoin whales have accumulated another 40 million DOGE tokens in the last 24 hours, indicating increasing interest in the popular meme coin.
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23 Likes
Crypto-News-Flash
4w
310
Image Credit: Crypto-News-Flash
Cardano Founder Extends Special Dogecoin Deal to Elon Musk—Will He Accept?
- Charles Hoskinson, founder of Cardano, proposed to Elon Musk to integrate Dogecoin on X, a social media platform.
- The proposed upgrade would require full smart contract support, state channels, and a new proof-of-work system to handle heavy computing.
- Elon Musk has not yet responded to the proposal, but there have been speculations about Dogecoin becoming part of X.
- The current price of Dogecoin has decreased by 14.7% in the last 24 hours, and it is trading as the ninth-biggest cryptocurrency.
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18 Likes
Crypto-News-Flash
4w
239
Image Credit: Crypto-News-Flash
NYSE Arca Moves to List Dogecoin ETF – Will DOGE Skyrocket?
- NYSE Arca has submitted a filing to list and trade a Dogecoin exchange-traded fund from Bitwise.
- The ETF aims to track the price of DOGE and will be managed by Bitwise.
- Coinbase Custody will be the official custodian for the ETF's Dogecoin holdings.
- The approval of the Dogecoin ETF could potentially lead to a significant price increase for DOGE.
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14 Likes
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